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Manhattan Corp. issued 3,000 shares of its own common stock for $60,000 in cash. The stock has $1.20 par value. Enter the correct numerical
Manhattan Corp. issued 3,000 shares of its own common stock for $60,000 in cash. The stock has $1.20 par value. Enter the correct numerical values in the journal entry below to record the stock issuance. The debit entry is already completed. Format your answer similarly to the already completed debit entry (.e., no decimals or dollar signs, include commas). Dr. Cash Cr. Common Stock Cr. Additional Paid-in Capital 60,000
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